Starbucks
SBUX
1,765 hedge funds and large institutions have $75B invested in Starbucks in 2019 Q3 according to their latest regulatory filings, with 105 funds opening new positions, 535 increasing their positions, 903 reducing their positions, and 72 closing their positions.
46% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 72
1% more funds holding
Funds holding: 1,744 → 1,765 (+21)
3% more capital invested
Capital invested by funds: $72.5B → $75B (+$2.51B)
1.06% less ownership
Funds ownership: 71.41% → 70.34% (-1.1%)
14% less funds holding in top 10
Funds holding in top 10: 95 → 82 (-13)
25% less call options, than puts
Call options by funds: $1.11B | Put options by funds: $1.49B
41% less repeat investments, than reductions
Existing positions increased: 535 | Existing positions reduced: 903
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$286M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$259M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$175M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$145M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$371M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$299M |
| 3 |
Bank of New York Mellon
New York
|
-$251M |
| 4 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$212M |
| 5 |
Man Group
London,
United Kingdom
|
-$200M |
SBUX Hedge Fund Activity: Q3 2019 in Review
1,765 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q3 2019, worth a combined $75B — up 3.5% from $72.5B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new SBUX positions and 72 closed out — a net gain of 33 holders — while 535 added to existing stakes and 903 trimmed.
The largest buyer was Wells Fargo, adding an estimated $286M. The largest seller was Polen Capital Management, cutting an estimated $371M.
- 1,765 institutional investors held Starbucks (SBUX) as of Q3 2019, up from 1,744 in Q2 2019.
- Funds reported $75B of Starbucks stock for Q3 2019, up 3.5% quarter-over-quarter.
- 105 funds opened new Starbucks positions in Q3 2019 and 72 closed out, a net change of +33 holders.
- The largest Starbucks buyer in Q3 2019 was Wells Fargo, an estimated $286M added.
- The largest Starbucks seller in Q3 2019 was Polen Capital Management, an estimated $371M sold.
Based on aggregated 13F filings for Q3 2019.